Thoughts on US lithium demand and $LBNK As explored in this article US lithium imports were up 69% in Q1 YoY largely due to automakers' push to build out EV battery capacity.
https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/us-lithium-imports-up-69-yoy-in-q1-as-automakers-build-out-ev-battery-capacity-70486646
Considering this demand, geopolitical instability, and the degrading Us-Russian trade relationship, IMO the US is in desperate need of an increased North American-sourced lithium supply.
LithiumBank Resources' ($LBNK.v $LBNKF) is a company that has vast lithium lands in Alberta and Saskatchewan, Canada.
Its flagship project, Boardwalk Lithium (Alberta), has a total inferred mineral resource of almost 6M tonnes of LCE at an average grade of 67.1 mg/L and has the potential to become the single largest contiguous source of direct brine elemental lithium in tonnage.
$LBNK.v closed stable today @ $0.90
MC $33.457M